76 UGLOBAL IMMIGRATION MAGAZINE
WHAT YOU NEED TO KNOW ABOUT AUSTRALIA ' S VISAS FOR ENTREPRENEURS AND TALENTED WORKERS
BY VENKATESWARAN PALAT KRISHNAN
What are the criteria for the Business Innovation and Investment Visa and the Global Talent Visa ?
Startup and early-stage entrepreneurs who want to launch a business in Australia can apply for the Business Innovation and Investment visa ( Subclass 188 ) Entrepreneur Stream visa .
This is a provisional visa , valid from the date it is granted and allows staying in Australia for up to 5 years . The visa is granted with multiple entries , allowing leaving and re- entering Australia as many times as needed during the validity period of the visa .
Eligibility : To be eligible , the applicant must be under 55 years of age , nominated by a State or Territory government agency in Australia , and propose to undertake a complying entrepreneur activity in Australia . Also , to be eligible one must provide a business plan and be competent in English .